For the week through Dec. 5 U.S. wholesale gasoline costs mostly increased, while activity in the European Union coupled with heightened rhetoric from Iran are seen pushing gasoline prices even higher. Additionally, Sunoco Inc. announced Dec. 1 that it was beginning to idle the main process units at it Marcus Hook refinery near Philadelphia, Pa.,…
Wholesale Gasoline Costs Turn Higher
After tumbling to a nine-month low of $3.368 gallon on Nov. 21, the Energy Information Administration’s (EIA) U.S. retail gasoline average is positioned to increase following higher wholesale costs during the final full week of November. Wholesale gasoline costs were under renewed pressure in front of Thanksgiving Day on weak demand and heightened concern over…
Fas Mart and Shore Stop Poised For Growth
“Our customers will begin seeing innovative initiatives around our core service offerings that will both surprise and delight them,” says GPM Investments CEO. Richmond, Va.-based GPM Investments LLC, operator of both the Fas Mart and Shore Stop Convenience Store chains, announced today that it has entered into a new $35 million credit facility with…
Retail Gasoline Prices Slipping in Front of Thanksgiving
After popping higher by a little more than a penny during the week-ended Nov. 14, the U.S. average for gasoline sold across the country’s retail outlets should resume its downtrend. The Energy Information Administration (EIA) releases its weekly gasoline average late afternoon on Mondays, with the average last reported 1.2 cents higher at $3.436 gallon…
Weigel Stores Promotes Yawberry
Douglas Yawberry has been promoted to vice president of operations at Weigel Stores Inc., a Knoxville Dairy and convenience store chain. In his new position, Yawberry is responsible for all store related operations, and will serve as a member of Weigel’s Corporate and Market Planning Group. Yawberry, a graduate of State Fair College Sedalia, Mo.,…
Love’s To Open 10 New CNG Fueling Stations
Chesapeake Energy and Love’s team add CNG accessibility across Oklahoma. Love’s Travel Stops & Country Stores, an Oklahoma City, Okla.-based and family-owned operator of 280 travel stops and convenience stores, plans to add 10 publicly accessible compressed natural gas (CNG) fueling stations at existing locations across Oklahoma. These CNG fueling stations will be located in…
Handee Marts Reports Strong Resuts on Recycling Program
7-Eleven licensee Handee Marts Inc. reported strong results from its new PepsiCo Dream Machine recycling initiative. Handee Marts launched PepsiCo’s Dream Machine recycling program in June 2011. Since the program’s launch, more than 121,400 beverage containers have been recycled in Dream Machines at Handee Marts. For all the bottles and cans recycled at Handee Marts–and…
Ryko Solutions Announces New Hire
Joe Ivy appointed vice president of manufacturing and operations. Ryko Solutions Inc., North America’s largest manufacturer of car wash equipment and a major provider of service support and chemicals to the industry, has added Joe Ivy as vice president of manufacturing and operations at the company’s 250,000 square foot facility located in Grimes, Iowa. Ivy…
Fostering Better Communication Through Franchise Advisory Councils
By John Matthews, founder and president of Gray Cat Enterprises Inc. Establishing a Franchise Advisory Council (FAC) as a formal communications system to ensure franchisees input with regard to store marketing & operations is a natural stepping-stone for a growing franchise operation. FAC representatives are an indispensable part of the communication system in that they…
Tom Robinson Named New NACS Chairman
“I came [to NACS] for the advocacy and stayed for the knowledge and connections,” said new NACS Chairman Tom Robinson during the Oct. 4 Closing General Session at the NACS Show. An estimated more than 22,000 attendees from 50 countries attended the 2011 NACS Show, which featured more than 60 workshops and 1,300 exhibitors…